Chapter 5.4.1. Working with terms and conditions

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86 Certification Study Guide Series: IBM Maximo Asset Management V7.1 available from the Terms and Conditions tabs in Purchasing and Contract applications. From the tabs, you can select a term from the library to associate with that purchasing or contract record. 5.4.1 Working with terms and conditions You use the Terms and Conditions application to create and maintain a library of terms and conditions that describe the legal obligations between a contract buyer and a seller. Terms and conditions are created on the organizational level and appear on records in the following applications: All contracts ( Contracts module) Invoices Purchase Requisitions Purchase Orders Requests for Quotation ...

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